Record #: F2023-5   
Type: Communication Status: Placed on File
Intro date: 1/18/2023 Current Controlling Legislative Body:
Final action: 1/18/2023
Title: Notification of sale of bonds totaling $503,690,000 General Obligation Bonds, Series 2023A (Chicago Works) and $20, 110,000 General Obligation Bonds, Series 2023B (Chicago Recovery Plan)
Sponsors: Dept./Agency
Attachments: 1. F2023-5.pdf
Department of Finance
CTTY OF CHICAGO

COUNCIL DIUISIQN


Andrea M. Valencia City Clerk
121 North LaSalle Street City Hall-Room 107 Chicago Illinois 60602

Re: City of Chicago $503,690,000 General Obligation Bonds, Series 2023A (Chicago Works) and $20,110,000 General Obligation Bonds, Series 2023B (Chicago Recovery Plan) (the "Bonds")

Dear Ms. Valencia:

Attached is the Notification of Sale to the City Council certificate which is required to be filed with your office pursuant to Part B, Article III, Sections 3.1(h) and 3.1(i) of an ordinance adopted by the City Council of the City of Chicago (the "City Council") on November 24, 2020, and pursuant to Article 3, Sections 3.20(g) and 3.20(i) of an ordinance adopted by the City Council on October 27, 2021. An executed copy of the Bond Purchase Agreement, the Official Statement and the Trust Indentures for the Bonds are also included.

Please direct this filing to the City Council.

Very truly yours,

Jennie Huang Bennett Chief Financial Officer
















12 1 NOR TH LASALLE STREET. SUITE 700. CHICAGO. ILLINOIS 60602
STATE OF ILLINOIS )
)
COUNTY OF COOK )
JAN9 '2,-j. i0:lSfih CHGO CITV CLERKI
counc:
NOTIFICATION OF SALE $503,690,000
GENERAL OBLIGATION BONDS, SERIES 2023A (CHICAGO WORKS)
$20,110,000
GENERAL OBLIGATION BONDS, SERIES 2023B (CHICAGO RECOVERY PLAN)
BEING ISSUED BY THE CITY OF CHICAGO
To: The City Council of the City of Chicago
Please be advised that responsive to authority contained in an Ordinance (the "2020 Ordinance") adopted by the City Council (the "City CounciF) of the City of Chicago (the "City") on November 24, 2020, and an Ordinance (the "2021 Ordinance" and together with the 2020 Ordinance, the "Ordinances") adopted by the City Council of the City on October 27, 2021, which amended the 2020 Ordinance, a Bond Purchase Agreement dated December 8, 2022 (the "Bond Purchase Agreement"), providing for the sale of $503,690,000 aggregate principal amount of General Obligation Bonds, Series 2023A (Ch...

Click here for full text